Chung Hwa (Taiwan) Price on March 26, 2024
1905 Stock | TWD 16.85 0.05 0.30% |
If you're considering investing in Chung Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chung Hwa stands at 16.85, as last reported on the 19th of December, with the highest price reaching 16.85 and the lowest price hitting 16.50 during the day. Chung Hwa Pulp secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Chung Hwa Pulp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chung Hwa's Risk Adjusted Performance of (0.17), mean deviation of 1.05, and Standard Deviation of 1.49 to double-check the risk estimate we provide.
Chung Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chung |
Sharpe Ratio = -0.1897
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Estimated Market Risk
1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chung Hwa is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chung Hwa by adding Chung Hwa to a well-diversified portfolio.
Chung Hwa Valuation on March 26, 2024
It is possible to determine the worth of Chung Hwa on a given historical date. On March 26, 2024 Chung was worth 23.6 at the beginning of the trading date compared to the closed value of 23.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chung Hwa stock. Still, in general, we apply an absolute valuation method to find Chung Hwa's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Chung Hwa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chung Hwa's related companies.
Open | High | Low | Close | Volume | |
22.95 | 23.40 | 22.95 | 23.35 | 3,218,576 | |
03/26/2024 | 23.60 | 23.85 | 23.00 | 23.10 | 4,318,421 |
23.15 | 24.00 | 22.90 | 23.80 | 7,858,146 |
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Chung Hwa Trading Date Momentum on March 26, 2024
On March 27 2024 Chung Hwa Pulp was traded for 23.80 at the closing time. The highest price during the trading period was 24.00 and the lowest recorded bid was listed for 22.90 . The volume for the day was 7.9 M. This history from March 27, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 3.03% . The overall trading delta to the current price is 1.52% . |
Chung Hwa Pulp Fundamentals Correlations and Trends
By evaluating Chung Hwa's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Chung Hwa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chung financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chung Hwa Stock history
Chung Hwa investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Chung is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chung Hwa Pulp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Chung Hwa stock prices may prove useful in developing a viable investing in Chung Hwa
Chung Hwa Pulp Corporation manufacture, sells, and distributes pulp, paper, paperboard, timber, chemical products, and fertilizers. The company was founded in 1968 and is headquartered in Hualien, Taiwan. CHUNG HWA operates under Paper Paper Products classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2678 people.
Chung Hwa Stock Technical Analysis
Chung Hwa technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Chung Hwa Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Chung Hwa Pulp cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Chung Hwa December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Chung Hwa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chung Hwa shares will generate the highest return on investment. By undertsting and applying Chung Hwa stock market strength indicators, traders can identify Chung Hwa Pulp entry and exit signals to maximize returns
Chung Hwa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chung Hwa's price direction in advance. Along with the technical and fundamental analysis of Chung Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chung to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.17) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | 16.06 |
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Additional Tools for Chung Stock Analysis
When running Chung Hwa's price analysis, check to measure Chung Hwa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chung Hwa is operating at the current time. Most of Chung Hwa's value examination focuses on studying past and present price action to predict the probability of Chung Hwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chung Hwa's price. Additionally, you may evaluate how the addition of Chung Hwa to your portfolios can decrease your overall portfolio volatility.